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201500797
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Last modified
7/20/2017 10:46:17 PM
Creation date
2/9/2015 9:56:25 AM
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DEEDS
Inst Number
201500797
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��15��797 <br /> If the power of sale��i�voke�i,�'r�stee sh��l re�ord a nv#ice ti�de�ault��ea�h cv�x�ty in v�hich any <br /> part�f the P�aperty is located and sh�ll mail cnpi�s af such n.atice in the manner prescribed by <br /> app�icable la�to B�rr�wer an�tv th��ther persons pres�ri�ed by appl�cable la�v.After�he�ime <br /> required by applicable law,Trust�e shall gr�e public natice af sale to the persans and in the manner <br /> prescribed by applica��e�aw.Trustee,witbvut demand on Borr�wer,s�all sell the Pr�perty at public <br /> auction ta the h�ghest bidder at the tim�and p1aCe and under the terms desiganated in the n�tice�f sale <br /> in one vr more parcels�nd in any order Trustee deterr�in�s.Trus�e�m�y pa�tp�ne sale of al�or any <br /> parcel�f�he Pr�perty by public annauncement at the time and place of any previausly scheduxed sale. <br /> Lender or its designee may purchase the Property�t any sale. <br /> If��e Lender's interest in tbis�ecurity Instrument is hel�.by tbe Secretary and the Secretary r�quires <br /> immediate pa�ment�n�u��under Par�agraph 9,the Se�retary ma�invol�e the nonjudicial power�f sa�e <br /> provide�i in t�e Single Family Mortgag�F�reclosure�ct of 1994 �"Act"}�1��,J.S.C. 3751 et.seq.} by <br /> requ��ting a foreclosure eommiss�vner designated under the Act tv cammence f�reC�osure�nd ta s�l� <br /> the Prop�rty as provided in the Act.Nothing in the preceding sentence sha�i depr�ve the Secret�ry of <br /> any rights otherwise ava�ilable tv a Lender under th�s P�ragr�ph 18 vr applic�ble l�w. <br /> Upon r�ceipt of payment af the price bi�,Trus#ee shall deliver to the purchaser Trustee's deed <br /> �on�eying the Pr�perty.'�he recita�s in the�'rus�e�'s d�ed shall be prima fa�ie evi�enc�vf the truth af <br /> the statements made therein,Trustee shal�apply the prviceeds of the sale in the f�llowing order: ��}to <br /> all c�sts and expenses of exerc�s�ng the power of sale,and the saie,including tbe payment vf the <br /> Trustee's fees a�tual�y incurred and reasvnable att�rneys'fees as perrnitted by Appli�able Law�(b�to <br /> all sums se�ured by this Secur�t�r Iustrument; and�c}�ny excess to the person ar persons�egall� <br /> entitled to it. <br /> '19. Recanveyance.Upon payment of all sums secured by this Security Instrument, Lender sha�l request <br /> Trustee to recanvey th�Property and�shal�surr�nder�his Securit}t�nstrument and a11 notes evidencing debt <br /> secured by this Security Instrument ta Trustee. 'Trustee sha11 reconvey the Property without waxranty and <br /> without charge to�he person or persons�ega�ly en�i��ed to it. Such person or persons shall pay any <br /> re�ordation costs. <br /> 2�. Substitute Trustee.Lender, at its option, may from time to time remove Trustee an�appa�nt a successor <br /> trustee to an�Truste�appoint�d hereunder b�an instruxn�e�t recarded in the county in which this Se�urity <br /> Instrument is recarded. �ithout conveyance of the Pr�perty,the successar trustee sha11 succeed to a11 the <br /> title,p�wer and duties conferred upon Trustee herein and b�applicable law. <br /> 2'I. Requ�stfor Notices.Borrower re�uests that�opies of the natice�of defaut�and�ate be s�nt to Borrower's <br /> address which is the Prvperty Address. <br /> 22. Ridersto this 5ecur�ty lnstrument.If�ne o�'mare r�ders are ex�cuted by Borrower and recarded <br /> tog�ther with this Security Instrument,the co�enan�s of each such rider�hall be incorparated�n.to and sha�l <br /> amend a�d supplement the c�venants and agreements�f this Security Instrun�ent as if the rider(s)wer�a part <br /> of this S�curity In.strurnent. [Check applic�ble box(es�]. <br /> ❑ Condominium R�der ❑ C"rrfl�v�ag Equity Rider � C�ther specify <br /> � P�anned�3nit Development Rider Q �`rraduated Payment Rider �-���� �t �C�e <br /> FHA Mortgage WITH MERS-NE Re�ised 419B <br /> VMP� VMP4N(NE](13a2].�4 <br /> Wotters Kluwer Financia�Se�vices Page 8 of 14 <br /> q�333487�343 OZ33 374 Q81� <br />
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